Kingdom Builders Center of Houston Texas Inc

Analysis

Kingdom Builders Center of Houston Texas Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Kingdom Builders Center of Houston Texas Inc reported income of $5.2m and spending of $5.6m, spending 107% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $4.9m to $5.2m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kingdom Builders Center of Houston Texas Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Buf Health and Human Services Corporation Inc ($5.2m), Fund for Our Economic Future of Northeast Ohio ($5.2m) and Vineland Development Corporation ($5.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.6% and program service revenue 94% of the total. Other salaries and wages came to $335k. At year end it held assets of $27.9m against liabilities of $20.2m, net assets of $7.7m. It reported 10 employees.